Dubai state agency buys 40 percent of British spa firm

Sun Apr 13, 2008 10:49am BST
 
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DUBAI (Reuters) - Dubai government investment agency Istithmar World Capital said on Sunday it had bought a 40 percent stake in Espa International, which designs and markets spas.

Istithmar did not say in statement how much it paid for the stake in Espa, which operates in more than 45 countries, including the United States and China.

(Reporting by James Cordahi; Editing by Daliah Merzaban)

 

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